Oil news
WTI Crude Oil Hits $115 as Strikes Target Iran's Kharg Island
WTI crude surged to $115.8 per barrel—its highest level since April 2008—as President Donald Trump warned that “a whole civilization will die tonight,” while strikes were reported on Iran’s Kharg Island, the hub for roughly 90% of the country’s oil exports. The US President added that tonight will be “one of the most important moments in the long and complex history of the World,” as President Trump’s deadline quickly approaches. Brent crude climbed to $111.0, with the strike keeping both benchmarks…
Categories: Oil news
WTI Crude Oil Hits $115 as Strikes Target Iran's Kharg Island
WTI crude surged to $115.8 per barrel—its highest level since April 2008—as President Donald Trump warned that “a whole civilization will die tonight,” while strikes were reported on Iran’s Kharg Island, the hub for roughly 90% of the country’s oil exports. The US President added that tonight will be “one of the most important moments in the long and complex history of the World,” as President Trump’s deadline quickly approaches. Brent crude climbed to $111.0, with the strike keeping both benchmarks…
Categories: Oil news
WTI Crude Oil Hits $115 as Strikes Target Iran's Kharg Island
WTI crude surged to $115.8 per barrel—its highest level since April 2008—as President Donald Trump warned that “a whole civilization will die tonight,” while strikes were reported on Iran’s Kharg Island, the hub for roughly 90% of the country’s oil exports. The US President added that tonight will be “one of the most important moments in the long and complex history of the World,” as President Trump’s deadline quickly approaches. Brent crude climbed to $111.0, with the strike keeping both benchmarks…
Categories: Oil news
WTI Crude Oil Hits $115 as Strikes Target Iran's Kharg Island
WTI crude surged to $115.8 per barrel—its highest level since April 2008—as President Donald Trump warned that “a whole civilization will die tonight,” while strikes were reported on Iran’s Kharg Island, the hub for roughly 90% of the country’s oil exports. The US President added that tonight will be “one of the most important moments in the long and complex history of the World,” as President Trump’s deadline quickly approaches. Brent crude climbed to $111.0, with the strike keeping both benchmarks…
Categories: Oil news
U.S., Israel Strike Iran’s Oil Export Hubs Ahead of Trump Deadline
US and Israeli air strikes hit multiple locations across Iran, including infrastructure and the strategic Kharg Island, as an evening deadline from Washington for Tehran to agree to a deal to end the war approached with neither side signaling the intention to back down. Iranian media reported explosions across Tehran and the sound of air defense fire on April 7, with some accounts describing fighter jets flying at low altitude over the capital. Strikes were also reported on Iran’s Kharg Island, where some 90 percent of Iran’s oil exports…
Categories: Oil news
Pentagon-Linked REalloys Secures U.S. Rare Earth Supply Ahead of China Ban
REalloys (NASDAQ: ALOY) has signed an agreement to secure supply from one of the highest-grade rare earth deposits in the United States, with just nine months remaining before U.S. defense rules force the removal of Chinese material from the supply chain. The memorandum of understanding with U.S. Critical Materials Corp. gives REalloys access to up to 10% of production from the Sheep Creek project in Montana, with confirmed dysprosium, terbium, yttrium, and NdPr, the rare earth elements used in high-performance magnets for fighter aircraft, missile…
Categories: Oil news
The Iran War Has Finally Exposed Japan’s Achilles Heel
Global energy crises often act as severe stress tests that expose deep, structural fragilities in global supply chains that are erstwhile ignored. Such crises reveal weaknesses that extend far beyond fuel availability, causing systemic disruptions to industrial manufacturing, trade routes and food security. A good case in point is Germany, which effectively boxed itself into a corner with its decades-long energy policies. Before the 2022 Russian invasion of Ukraine, successive German governments pursued an energy policy that significantly…
Categories: Oil news

